Friday, March 25, 2011

Tuesday, March 22, 2011

Just doing a quick update for a friend of mine because his work won't allow him to access dropbox link. So I have to post it here on my blog. I talked about a potential move on $MCP over the weekend where a low risk entry was present to us around the $43 levels. Today the stock spiked HARD AFTER our Stock clown Jim Cramer trashed $MCP on his show for being overvalued. I have said it many times before and I will say it again. Technical trading is almost ALWAYS about what you see and not what you think. Keep your risk and reward ratio at the minimal of 1 : 3 then you will live a long life in this business.

Disclaimer

All stock picks or trading ideas are solely Tradermarket247(Blog Owner)'s ideas and opinions. They are not in any forms of investment advise/recommendations.All investors should make their own decision before buying or selling any securities. If you buy or sell based on any information posted on this blog, you are trading at your own risk.